English, asked by binmuhammadtk, 1 year ago

conventional and Islamic mortgage

Answers

Answered by Anonymous

1

Answer:

Explanation:

Islamic Mortgage vs Conventional Mortgage. ... For example, with a Conventional mortgage product, debit interest would be paid back from the borrower to the bank. Under an Islamic mortgage, interest is not paid and is replaced by a rental payment to the bank, until such time as the finance is repaid.

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